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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
.jpg) Reuters reported that, Prices of power-station coal from Australia fell to around $74 a tonne as demand eased, while Indian buyers started to look for Indonesia cargoes for delivery in September, traders said. Thermal coal prices on the globalCOAL Newcastle index, a benchmark for Asia, fell $1.57 from the week before to $74.45 a tonne on tepid demand from Asian buyers.
Indonesian bituminous coal of 6,100-6,300 kcal/kg air-dried basis (ADB) was offered at $58 a tonne, FOB mother vessel from South Kalimantan.
Indian buyers have made inquiries for cargoes in September, although demand for Indonesia high-quality coal generally eased, with bigger producers well covered on orders.
"Indian buyers were waiting for some supply orders from the government's tender. Also, there is weather problem too but things will be resolved around October," a regional trader said, referring to the monsoon season which normally runs until September.
Indian state trading entity MMTC, which buys for the majority of state power plants, has put a recent 12.5 million tonne tender on hold and may re-tender after a complaint from a trader.
A 15,000-tonne parcel of Australian coal was traded at $74 a tonne on Tuesday.
* INDONESIAN SUB-BITUMINOUS COAL
Indonesian sub-bituminous coal of 5,100-5,300 kcal/kg ADB was offered at around $36 a tonne, FOB mother vessel from Kalimantan.
Few Chinese buyers were in the market due to ample stocks after they had bought more coal in the first half of this year, an Indonesian dealer said.
But Indian buyers have started looking for cargoes of sub-bituminous coal for delivery in the fourth quarter of this year.
"We receive requests from many Indian traders asking for support letters because they want to participate in the government tenders," said an Indonesian dealer.
"They are looking for shipments in September to end of the year," he said.
Indian demand for Indonesian coal had been slow in the past weeks as buyers prefered cheaper South African cargoes.
In the domestic market, paper and cement firms were in the market for cargoes, although power plants were still struggling to reduce excess stockpiles by asking suppliers to reduce shipment volumes. (Reporting by Fitri Wulandari, Editing by Michael Urquhart)
Source: Reuters
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Monday, 31 October 22
U.S. COAL-FIRED GENERATION DECLINING AFTER BRIEF RISE LAST YEAR - EIA
We expect 6% less U.S. coal-fired generation in 2022 than in 2021, according to our latest Short-Term Energy Outlook (STEO). Although coal-fired ge ...
Monday, 31 October 22
CHINA COAL OUTPUT UP 12.3 PCT IN SEPTEMBER - XINHUA
China’s raw coal output posted stable expansion in September, official data showed.
The country produced 390 million tonnes of ...
Wednesday, 26 October 22
BIMCO PUBLISHES UPDATED GENCON CONTRACT
BIMCO has published a revised and updated version GENCON 2022 – one of its flagship contracts within its portfolio of standard contracts for ...
Monday, 24 October 22
KOSPO TO INVITE 400,000 MT OF COAL FOR 3 YEARS
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an international tender for 400,000 MT of 3,800 - 4,400kcal/kg NCV and Sulfur Max 0 ...
Wednesday, 19 October 22
ASIA COULD BE A BRIGHT SPOT AMID GLOBAL DOWNTURN NEXT YEAR, ECONOMISTS SAY - CNBC
Asia — especially Southeast Asia — remains a bright spot, even as the global economy looks set to head into recession next year, econom ...
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- Sakthi Sugars Limited - India
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- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Simpson Spence & Young - Indonesia
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- Asmin Koalindo Tuhup - Indonesia
- ASAPP Information Group - India
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- Economic Council, Georgia
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- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
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- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
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- South Luzon Thermal Energy Corporation
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
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- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
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- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- Tamil Nadu electricity Board
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- Marubeni Corporation - India
- Riau Bara Harum - Indonesia
- Planning Commission, India
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- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
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- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
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- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- Kaltim Prima Coal - Indonesia
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- Global Green Power PLC Corporation, Philippines
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- Electricity Authority, New Zealand
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- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Intertek Mineral Services - Indonesia
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- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
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- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
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- Parry Sugars Refinery, India
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Antam Resourcindo - Indonesia
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- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- London Commodity Brokers - England
- San Jose City I Power Corp, Philippines
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- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- Bangladesh Power Developement Board
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- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
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- Latin American Coal - Colombia
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- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- The University of Queensland
- Posco Energy - South Korea
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- VISA Power Limited - India
- Cement Manufacturers Association - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- PTC India Limited - India
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
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